Filing Flows › Infinity Natural Resources (INR) › Q1 2026 › vs Q4 2025
Infinity Natural Resources (INR) Q1 2026 vs Q4 2025 (quarter over quarter)
Infinity Natural Resources's revenue rose $37.8M (+32%) from $117M in Q4 2025 to $155M in Q1 2026. The biggest changes: Oil, natural gas, and natural gas liquids sales +$35.2M (+31%); Midstream activities +$2.6M (+161%).
Infinity Natural Resources, Q1 2026: revenue $155M (+82% year over year), operating margin 42.2%, net loss $6.3M, operating cash flow $58.4M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Natural gas revenues | $74.1M | $46.8M | $27.3M | +58% |
| Oil revenues | $56.8M | $54.0M | $2.8M | +5% |
| NGL revenues | $19.8M | $14.7M | $5.1M | +35% |
| Oil, natural gas, and natural gas liquids sales | $151M | $115M | $35.2M | +31% |
| Midstream activities | $4.2M | $1.6M | $2.6M | +161% |
| Revenue | $155M | $117M | $37.8M | +32% |
| Income tax benefit | $348K | $922K | −$574K | -62% |
| Net loss | $6.3M | −$80.4M | $86.7M | — |
| Costs & expenses | $162M | $143M | $18.4M | +13% |
| Operating costs | $89.5M | $62.8M | $26.8M | +43% |
| Interest & other, net | $72.0M | −$25.1M | $97.2M | — |
| General & admin | $21.4M | $8.3M | $13.1M | +157% |
| Other operating costs | $68.1M | $54.4M | $13.7M | +25% |
| Operating cash sources | $64.8M | −$5.3M | $70.0M | — |
| Depreciation & amortization | $35.7M | $31.3M | $4.4M | +14% |
| Share-based compensation | $2.3M | $2.0M | $280K | +14% |
| Working capital & other | $26.8M | −$38.5M | $65.4M | — |
| Net loss absorbed | $6.3M | −$80.4M | $86.7M | — |
| Operating cash flow | $58.4M | $75.1M | −$16.7M | -22% |
| Capital expenditures | $623M | $2.4M | $620M | 258× |
| Negative free cash flow (OCF − capex) | $564M | −$72.7M | $637M | — |
Questions
How much did Infinity Natural Resources's revenue grow quarter over quarter in Q1 2026?
Infinity Natural Resources's revenue rose $37.8M (+32%) from $117M in Q4 2025 to $155M in Q1 2026.
What drove Infinity Natural Resources's revenue change in Q1 2026?
Oil, natural gas, and natural gas liquids sales +$35.2M (+31%); Midstream activities +$2.6M (+161%).